Rumble Inc. (RUM) Tops Q4 EPS by 8c, offers outlook

Rumble Inc. (NASDAQ: RUM) reported Q4 EPS of ($0.14), $0.08 better than the analyst estimate of ($0.22). Revenue for the quarter came in at $20.39 million versus the consensus estimate of $28.13 million.

Outlook: Beginning with the second quarter of 2024, we expect revenue to increase on a sequential basis. As a result of our revenue engines coming online and our guaranteed creator commitments set to significantly decrease by the end of 2024 and into 2025, we continue to move materially towards breakeven in 2025.

For earnings history and earnings-related data on Rumble Inc. (RUM) click here.

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